Progressive Insider Receives Dividend Equivalent Units
PROGRESSIVE CORP/OH/
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Filing Summary
Progressive Corp ($PGR) Form 4 Filing Update • Insider: Patrick K Callahan (Personal Lines President) • Transaction Date: October 9, 2026 • Type: Dividend Equivalent Reinvestment (Code: A) • Volume: 51.795 units (7.029 RSUs + 44.766 Deferred Comp Units) • Price: $0.00 • Significance: Low (Routine dividend reinvestment)
Comprehensive Analysis
Executive Summary
On October 13, 2026, Progressive Corp ($PGR) filed a Form 4 for Patrick K Callahan, Personal Lines President. The filing reports the acquisition of 51.795 derivative units on October 9, 2026, resulting from dividend equivalent reinvestments across Restricted Stock Units (RSUs) and Deferred Compensation Units.
Transaction Details
- Restricted Stock Units: Acquired 7.029 units at $0.00 pursuant to dividend equivalent reinvestment, bringing the RSU holdings to 15,375.451 units.
- Deferred Compensation Units: Acquired 44.766 units at $0.00 via dividend equivalent reinvestment, bringing total deferred comp units to 98,347.501.
Market & Trading Significance
This transaction carries Low trading significance. It represents routine, non-discretionary accruals from dividend equivalent rights attached to existing equity compensation holdings rather than an open-market purchase or sale.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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